| SYK latest price $205.4100 (2.66%) ($201.6900 - $208.2200) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 84 |
Latest Price | $205.4100(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.7% a day on average for past five trading days. |
Weekly Trend | SYK advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(66%) XLV(64%) VYM(63%) XLI(62%) DIA(61%) |
Factors Impacting SYK price | SYK will decline at least -1.005% in a week (0% probabilities). VIXM(-49%) UUP(-33%) VXX(-18%) IGOV(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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